Relay: Funding, Investors & Team (Sep 2026)
Relay is banking designed for growing businesses. Easily collaborate with your team on your banking, paying bills and managing expenses. With Relay, you can open an account in minutes, issue corporate cards in seconds, and automate your payables - making financial visibility a cinch. Relay is available on iPhone, Android, and anywhere with an internet connection.
Relay has raised $88.9M across 3 funding rounds on record, the most recent an undisclosed round of $50.0M announced in May 2026.
That round is above the $5.2M median round size for Data and Analytics companies tracked on FundedIQ over the last two years.
Relay Company Profile and Key Stats
Latest funding round on record: May 2026.
Relay Funding Rounds
Relay raised $15.0M in an undisclosed round announced in May 2021.
2.8 years later, an undisclosed round of $23.9M was announced in Feb 2024.
2.3 years later, an undisclosed round of $50.0M was announced in May 2026.
Relay Founders and Leadership Team
Contact details for the Relay team: 1 of 1 has an email address on file.
Start 14-day free trial →Relay Funding Compared to Other Data and Analytics Startups
Relay's latest round of $50.0M is above the median round in Data and Analytics. Medians cover the last 24 months of disclosed rounds.
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Relay Funding FAQs
What does Relay do?
Relay is banking designed for growing businesses. Easily collaborate with your team on your banking, paying bills and managing expenses. With Relay, you can open an account in minutes, issue corporate cards in seconds, and automate your payables - making financial visibility a cinch. Relay is available on iPhone, Android, and anywhere with an internet connection.
How much funding has Relay raised?
Relay has raised $88.9M across 3 rounds on record. The most recent is an undisclosed round of $50.0M announced in May 2026.
When did Relay last raise funding?
Relay's most recent funding round on record is an undisclosed round of $50.0M, announced in May 2026.
Who founded Relay?
FundedIQ lists Yoseph West (Founder) at Relay.
Where is Relay headquartered?
Relay is based in Toronto, Ontario, Canada.
How many employees does Relay have?
Relay is in the 101-250 employee band.
How does Relay's funding compare to other Data and Analytics startups?
Relay's latest round of $50.0M is above the $5.2M median round size for Data and Analytics companies on FundedIQ across 1,842 tracked companies over the last two years.
About FundedIQ's Relay Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Relay is left off this page rather than filled in.
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